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enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recov
. that does not sound like they moving the ball forward. >>shepard: in public. >> a strike at major ports in california could make it harder to find gifts this holiday season. we will have an update on negotiations. and iran military leaders say they captured a united states drone. again. but the united states says hang on, iran, so what is this thing the iranians are showing on iranian state tv? that is ahead. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >>shepard: officials are denying claims that iran has captured another american drone. the denial is after iranian state television aired images of thi
that could shut down some of the country's busiest ports. we'll show how it could impact you. ?o [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise i
of the strike shutting down the biggest ports in the country. think it doesn't affect you? all the holiday presents you ordered could be stuck out at sea, oh, no!. we'll explain it coming up. >>> egyptian president morsi forced to plea his palace after tens of thousands of protesters battle police outside. morsi's days could be numbed per. we'll talk about the impact here at home. even when they say it's not it is always about money melissa: look at the day's market headlines, wait and see is the name of the game on wall street. they watched the latest sparring over the fiscal cliff. stocks weighed between positive and negative territory. shares of netflix soaring more than 14% you wow! the company announced exclusive dib shun deal with disney. they will get first run streaming rights for disney films beginning in 2016. gold prices losing their shine. the commodity tumbled below $1700 a ounce hitting a one-month low. >> to our top story, no bias or bull. "money" will lay it out for you. all the talk about we can't fall off the fiscal cliff, we say why not? it may not be the worse option? m
's biggest ports is now over. the deal that got workers back on the job is next. plus, fire bombs and bullets in the country that is supposed to be keeping the israelis and be keeping the israelis and palestinians from going to war. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>trace: new revelations of the deadly 9/11 attack at the consulate in libya. on capitol hill lawmakers watched multiple videos of the strike. they show a crowd gathered outside and a lawmaker who asked not to be identified said and i quote, "it's amazing how casual they are, it is fought like they just stream in, they are dancing aro
crippling port strike grows. have you heard about this? if workers walk off the job on december 30th, we're looking at a billion dollar a day hit tothe economy. that is a great way to start out 2013. even when they say it's not, it is always about money melissa: all right. first let's take a look at the day's market headlines. stocks falling off today after two-day hot streak with all three major indices closing in the red. investors spooked by bad housing data and all that nonsense in washington. w closing down almost 99 points. another rough day for gold. a rise in homebuilder confidence driving investors away for a two-session loss ofnearly 2%. right now gold is hovering around $1670 an ounce. oil futures for a fourth straight session of gains, crude oil for january delivery gained 1.8% to settle at $89.51 a barrel. >>> all right. we're going to start tonight with a special holiday treat. it's the week before christmas and all through the house, lawmakers are frantic and starting to grouse. not from the cliff, though they do say they care, but from more and more bailouts which could s
a strike of the two biggest ports in the u.s. directly affecting you and your wallet this holiday season. you want to hear this. >>> violent protests portedly lead to the egyptian president fleein his palace. what it could mean here if his rul crumbles before your eyes. what it could mean comin up. ♪ . you stl think you're colder than me? nah. don tell me. tell tiny! [ ice craling ] [ knuckles craing ] and who are you supposed tbe, back-up? handle it. what you looking at? ! cat-like reflexes... whoa! [ ma announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the colde. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. the world's most refreshing er! ♪ . melissa: well u might not think the huge strike the two biggest prts in the countrydirectly impacts you but think about this if you ordered anhing laly, and we all have, christmas or hanukkah gifts you may not get them in me. more than den ships loaded incargo are sitting doc in california and have been for the past week. both sides reportedly agreed federal mediation in
.com/pricerewind. >>> as if the looming fiscal cliff wasn't enough to worry about, now 14,000 dockworkers at ports from massachusetts to texas are threatening to go on strike sunday. that could cost americans billions of dollars, because shipping costs on everything from shoes to cars would skyrocket. cnn's brian todd is at the port of baltimore. >> reporter: victor, this is a crucial port for commerce in this region. this is the seager terminal in baltimore. you see a containership to my right, the terminal on my left. over my left shoulder, 600,000 containers move through the port of baltimore every year, billions of dollars' worth of goods but that could all come to a grinding halt if the dockworkers and the shipping companies can't reach a deal. they moved everything from our cloths to toys and electronics through the ports and into the marketplace but a lot of the goods won't be making it to our stores if longshoreman from maine to texas go on strike. that's what could happen by sunday if a deal can't be reached between the major shipping companies and a union representing nearly 15,000 longshoremen. >> the imp
at the ports in long beach. that brought operations there to a screeching halt and shut down major passage of goods from asia. both sides agreed to a federal mediator. as far as i understand almost half of all the cargo arriving in america comes into those ports. it must be a logjam of goods into the country. >> we are talking more than a billion dollars worth of programming trudy's ports every single day. what this is all about is about job security and outsourcing of jobs to other parts of the u.s., china and taiwan. the relatively small clerical workers' union fear their jobs are at risk. they are union back jobs and well-paid. they have been supported by members of a sister union. the effect is to bring the sprawling complex to a standstill. it accounts for more than one- third of the imports into the united states. >> if i am a small business woman in ohio, why should i worry about this strike? >> quite simply, the fear is is if this is allowed to carry on, there will be a shortage of goods and a hold up of the vessels that are languishing behind me. they are just hanging around and n
bullish going forward. back to you. melissa: thank you. a strikeout the nations busiest port complex. costing the nation a billion dollars a day. the port of long beach director joins us just ahead. lori: let's see how the dollar is trading. it is a weaker dollar with big euro pushing up to 130. the dollar weaker, really, across the board. we will be back with more after this. ♪ twins. i didn't see them coming. i hai need to rethink the oblco of my portfolio.atio. what i reallneed is sleep. introducing the ishares core, buildi blocks for the hearof your portfoli find out why 9 out of 10 large professional investors chse ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. he's going to apply testosterone to his underarm. axiron, e only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is nofor use in women or anyone younger than 18. axiron can transfet
could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann. you're talking about two million tons of cargo a day. you're talking about billions of dollars of commerce every single day. if there is a port strike that takes place possibly on sunday of this weekend, then 14,500 dock workers walk off the job at 14 major ports on the east coast and the gulf coast. directly affected? retailers who will have a hard time getting supplies in for the spring sales. the wareho
at the port of los angeles that stranded all of those christmas presents, it costs us about a billion dollars a day in lost business and shut down the nation's busiest port and stranded ships full of fabulous retail merchandise. all of that is now being unloaded. port officials now say it will take about a week to try to get back to normal. sounds like things are solved. i'm joined by the mayor of los angeles, antonio villaraigosa who helped broker the deal to get the port workers back on the job. i want to talk about the port in just a moment. first i want to talk about pressing national business. something called the fiscal cliff, which i know you have been watching. you're very closely aligned with president obama having been the chair of the democratic national convention in september. i want to get your take on this. this is critical to your state. businesses in your state. taxpayers in your state. do you have any optimism that we may not go off the cliff? >> i do have optimism. there's no question about it. i think both sides understand that it's not in the nation's best interest for us
from ports from boston to houston. coming up. plus the fbi has again released its file on marilyn monroe. this time minus all of the redactions. what the documents say about her and her suspected ties to communism ahead. and word that president george h.w. bush is improving and even singing in the hospital. that's coming up as we approach the bottom of the hour and the top of the news. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedh
of the busiest ports in the country now. a line of ships stacked with stuff, stuff that can't get on shore into, trucks and off to your store. it's a strike. and it's costing the united states billions. what's it all about? that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. now get a 2013 malibu ls for around $199 pe
of the reasons they have been so locked up with they are thinking they want to keep their port. the russians are not the only one involved. lots of people sending weapons into syria. you have a war going on with the wrong, on the other side, you have weapons coming from saudi arabia and qatar in turkey and that is what is supplying the rebels in the civil war that is continuing to rage on. both of those don't really have a lot to gain. they have a lot to lose. their side loses, they will lose a lot. as long as the syrians are willing to keep killing each other in this process, so far the syrian civil war has now claimed 44,000 lives. many people believe there really no matter how this breaks down over the next couple of months, even if bashar al-assad does leave his power, this war could still rage on for a very long time to come. the 44,000 number could just be the beginning. a lot of people are saying that we could double that number if the violence continues over the next year. as it continues to creep closer and closer to the major cities inside syria, like what we are seeing right now.
from its oil fields to a port on the pacific coast. the siberia pacific ocean pipeline links oil fields near tishet to the port of kosmino near the chinese border. it will reduce its dependence on the european market. president michael putnam said it will -- wladimir putin says it will be a boost to the economy. >> in sports, pakistan has beaten india by five wickets. a huge operation in place for the match. the pab santana team is touring independent yay for the first time in five years. 5,000 security personnel were deployed for the game. bomb squad officers carrying out inspections in and around the area. the government is going to issue a record 3,000 visas. it is the first since the human attacks in 2008. in india the funeral has taken place of a police officer killed in a protest in delhi over the weekend. much of the capital is locked down after demonstrations after the violent rape of a student last week. here is our report. >> a send-off with full state honors for an officer of almost 30 years service. two days after being injured while policing clashes in central delhi, he die
busiest seaports. the ports of los angeles and long beach shut down after a few dozen clerical workers walked off the job and dock workers refused to cross their picket line. bill whitaker has the latest. >> reporter: 11 huge cargo ships are stuck offshore, piled high with containers of food, toys, lumber. 14 others sit untouched at the docks. >> if you guys could start handing the fliers out. >> reporter: transporters, wholesalers and retailers are growing angst. ingrid lazcano, owner of andean dream, imports quinoa, popular right now in the u.s. her last shipment was diverted to mexico, another was diverted to chile. >> we have about $400,000 worth of merchandise at stake and our factory workers in bolivia can't make new merchandise until we figure out how we're going to handle the problem with getting these two containers in. >> reporter: fred johring owns golden state express trucking. his lot, usually empty, is filled with 20 parked trucks. each usually earns $500 to $600 a day at the ports. everyday you're losing how much? >> at least $4,000. >> reporter: a day? >> per day. >> re
was the majority leader. his wife elizabeth dole and he left the port and republicans voted down the street. he was recently released from walter reed military center. now an independent caller from ohio, lee. caller: good morning. i am calling about something i have not heard about. people willing to take the $15 or $20 extra they're getting from the to% tax break, it is coming off their pension when they retire. social security is based on what you contribute. host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiations. caller: right. it will cost them in the long run. host: because the money is coming out of social security. politicians say that will not happen. they say social security will have its money. caller: they tell you all kinds of things. host: john in atlanta, democratic caller. caller: how are you? it seems like it is open phones. i think as far as the fiscal cliff is concerned, the democrats and republicans need to come together and they need to do that rather quickly, because that's the way i feel about it. host: do you thi
blow sometime soon not from the fiscal cliff, but from a union strike that could shut down major ports from coast to coast. should the white house step in? we're going to be talking smoot holly in a second. heather: former president george h.w. bush has been hospitalized for more than a month. what doctors are now saying about the former president's health. gregg: and from twilight twists to secret e-mails to the cia, a look back at the biggest scandals, scandals of 2012. oh, yeah, that was a scandal. heather: that's a big one. ash cd from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. heather: welcome back. an upd
a crippling 8-day strike at the port of los angeles and long beach. we'll look at the toll that the work stoppage has taken on the u.s. economy. bill: a questionable cartoon featuring the rich stealing from the middle class. martha: two rising stars in the republican party laid out their vision for the future last night and for their party. >> we need to carry on and keep fighting for the american idea. the belief that everyone should have the opportunity to rise. to escape from poverty. to achieve whatever your god-given talents and hard work enable you to achieve. wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. i've got
load or unload cargo at any of the ports, l.a. or long beach. adam houseley's there live. what's the latest there, any movement in. >> reporter: not much movement at all. a few ships are getting through. the quote given to me this morning was they're trickling in. i'll step away, you can see to the port complex. l.a./long beach, the twin bolters. 40% of all cargo traffic in the country comes through here, the largest port complex in the country. you put the two together, you separate 'em out, and they're one and two. cargo ships just sitting there waiting to be unloaded. we know of at least 11 ships that have gone to other ports because this port has been shut down for a week. as far away as panama. nothing's getting through here, as i mentioned, one port employee said stuff is just trickling through. bill: what are the two sides saying, adam? what are you hearing? >> reporter: well, both sides, of course, blame the other side. the clerical workers are the ones that have gone on strike here. there's about 800 of them. they say that when they retire, those jobs are being moved o
settlement between port of oakland and union as oakland is getting extra business because of a port strike in long beach and los angeles. clerical workers on their eighth day of a strike. poverty workers in oakland set to vote on the proposed deal tomorrow. details not being released. the port and union workers have been bargaining for 16 months. >>> former commander of a contra costa narcotics task force is expected to plead guilty to drug charges. he will admit to five federal counts, conspiracy to sell marijuana and meth, theft, robbery and civil rights violations. he was caught in a federal sting operation in february of last year with the guilty plea he faces minimum of 10 years. >>> san francisco's supervisors are set to take a final vote this afternoon to amend the building code to reduce square footage requirement for residental units the microapartments would be 220 square feet, the measure initially passed after supervisor weiner it would be for new construction only. he also agreed to captain initial round of building permits at 375 microapartments. rents are expected to go for
. >>> work at two of the nation's busiest ports is at a standstill as a a strike continues for an eighth day. clerical workers are walking the picket lines at ten terminals at the ports in l.a., and long beach. they've been without a contract now for more than two years. dock workers are refusing to cross their picket lines. president obama and l.a.'s mayor are urging the workers union and the ports to quickly reach an agreement. the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for december 15. egyptian media will shut down tomorrow to join the protest. >>> nato members agreed today to deploy a patriot anti- missile system in turkey to protect the country against any crossfire from syria. this comes as syrian rebels released a video reportedly showing air attacks by
this on their own without some help. the only port they have, they have one port, which is sanctioned in terms of the sea travel in and out of the port and any part for the missiles would have come through china which is north korea's only friend and, then, the voice of america reported this week that an iranian team had been seen in north korea in recent days and there is some presumption that, in fact, iranians may have helped them. this is the first successful long-range rocket this year. earlier in april it was not successful. certainly, all eyes are on iran in weres of the role it my have played. >>shepard: thank you. we have used a carrot and stick approach with north korea over the years. it doesn't really seem to have made were of a difference. we will look at the diplomatic efforts with the former away bill richardson who has lots of experience dealing with north korea. and 100 countries throwing their support behind the syrian rebels . so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they'r
deal stopped a pending shutdown of major u.s. ports that could have cost the economy billions. dock workers threatened a strike to freeze operations on the east coast and gulf of mexico but a contract extension gives them another 30 days to resolve their labor dispute with port owners and shippers. phil keating is live in south florida. there were key sticking points. which side budged? >> good afternoon, trace. we still don't know which side did in fact budge, whether it was the longshoremen or the shipping company owners or it could have been both sides coming together and reaching a negotiated deal. hard to imagine with what we see in washington, d.c. but neither side is talking. the key points had been over container royalties. you see the heavier each container is, the more money each long shore had man gets paid to take it off and put it on the truck. the owners of the companies wanted to cap the fees, the royalties, at last year's levels while the 15,000 strong longshoremen did not. neither side's talking but both sides say a deal on that -- an agreement has been reached. a q
with private port security officers and anchorage, alaska in advance of the west coast port action. that document has the private port security person saying they were going with -- attending a planning meeting with the demonstrators and reporting back to the fbi. the fbi said it would put them in touch with someone from the anchorage police department, that that person should take the police department officer with them as well. these documents show the intense coordination both a private businesses, with wall street and banks, and with state police departments and local police departments around the country. >> we will take a break and then goes specifically to several of the documents you got under the freedom of information act. we are talking to mara verheyden-hilliard who is the executive director of the partnership for civil justice fund, which got the documents under the freedom of information act and has been trying to get them for the past years. we will be back in a moment. ♪ [music break] >> "i'm tired, i'm tired, i'm tired" by marva whitney. marva whitney, as we turn
ports in southern california are refusing to cross the picket line and set up by clerical workers. today, both sides have reached an agreement of sorts. they agree they need a federal mediator. i want to bring in miguel marquez in long beach. what's the deal? what's the hang-up here? >> reporter: well, the hang-up is over language regarding outsourcing of jobs. only talking about 800 jobs in total, and a small fraction of those are their clerical workers at the port that are striking. one of the people who is a -- represents the labor union said they were miles away a few days ago. now about a yard away. the mayor of los angeles has been up all night, he got in from an overseas trip in l.a.x. up the way here. he came here last night about midnight and he's been up with the negotiators all night trying to get them to this point today. here is how he described how those negotiations are going. >> i can just tell you as a general proposition that there is too wide of a chasm between the parties now, though the good news is they have agreed to federal mediation, they had not agreed -- agreed
. the nation's busiest port complex is back in business after an eight-day strike halted operations. the ports of los angeles and long beach, california reopened today after port operators and the worker's union reached an agreement late tuesday. the union said it won new protections against job outsourcing. port officials said during the walkout, they were unable to move some $760 million worth of cargo a day. wall street had a day of ups and downs and investors watched economic reports and weighed chances for a fiscal cliff deal in washington. the dow jones industrial average gained more than 82 points to close at 13,034. but the nasdaq fell nearly 23 points to close at 2,973. the day's big loser was apple, down more than 6% over concerns that smart phone sales are lagging. former texas congressman jack brooks has died. he served 42 years in the house, and was in the dallas motorcade on november 22nd, 1963 when president kennedy was assassinated. hours later, brooks was on hand as vice president and fellow texan lyndon johnson was sworn in to the presidency. later, brooks helped author the 1
's largest port complex will return to work today after a 9 day strike. negotiators reached agreement to end the strike last night. the details have not been released yet. but it needs to be ratified by union members. the union was frustrated about shipping employers outsourcing jobs and the strike shut down 10 of 14 cargo container terminals at the nation's busiest seaport complex. >> going to get cargo moved throughout the supply chain in the country and get everybody those christmas presents for they are looking for in those stores. >> clerical workers who have been without a contract for two years walked out more than a week ago and thousands of longshoreman refused to cross the picket line. >>> contra costa county board of supervisors are delaying a vote on whether to shut down four fire stations including ones in walnut creek, clayton, martinez and lafayette. if approved, the closures will go into effect january 1. it comes after the district burned through its cash reserves because of a loss of property taxes in that failed tax measure on the november ballot. the county's top fire off
a billion dollars a day to the local economy. the two ports l.a. and long beach support 1.2 million southern california jobs. and they are the main gateway in the trade with asia in the weeks before christmas. they handle 47% of the container exports. >> reporter: if you split the ports apart. the la-long beach ports, they would be 1 and 2. together they are the largest. this has been going on for one week. 800 clerical workers walked on the line. 10,000 longshoremen won't cross that line. this port is 90% shut down. if you look behind me in the haze and fog you will see some container ships in port. just after shore you will see one of the many, up to 20 we are told that are just sitting out there. some of them have produce that could be spoiling as we speak. that can't get in here and it can't go out. so exports haved as well. you will see trucks lined up. the mayor says both sides have agreed to a federal mediator. he spoke to the media in the last hour. take a listen. >> we met all night. we have worked across the table with a number of proposals. it is still clear to me that we are some
not be so significant is the fact they're making it is significant. russia has a very critical port along the syrian course along the mediterranean the port of tartuse. russia is trying very hard to keep tear influence inside syria and may be trying to play both sides of the coin here. they want to keep assad so they have influence with him and to hedge their bet to gain as much influence with the syrian rebels so if the rebels win they get to keep the port which is their only naval port outside the russian federation. going forward this turned into a little bit of a proxy war. a number about weapons the rebels are getting especially coming from outside powers. obviously president assad has been resupplied by iran and russia. rebels being supplied by saudi arabia, qatar and also turkey so that both side here have little interest in a peace deal. more interestingly both sides, the saudis and the iranians, have an interest in trying to see this go on as long as possible and an interest seeing their side win inside syria. they're willing, more than happy in fact, to supply money and weapons
tuned, but the police chief says all three knew each other. >>> two of the nation's largest ports are shut down due to a strike. workers in los angeles and long beach walked off the job tuesday claiming their jobs are being outsourced. the two sides remained at a standoff and that's hurting the bottom line. the executive director at the port of los angeles tells "outfront" some ships are being diverted to mexico. at this time of the year, that means everything you're buying for christmas. >>> tensions are rising in egypt after members passed a draft constitution today. all articles were approved by the muslim brotherhood, the party of mohammed morsi. frustrated coptic christians walked out because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the -- is warning tension could backfire. the reason, that's something of great concern and one group they're worried about is the group the international community has been trying to oust in that region. mark schroeder tells us aqim is
15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain heading towards the bay area and you can see that low. it's right there. so it hasn't quite hit the bay area yet. but by later on this afternoon, that's when we're going to see light showers and it's going to quickly spread all across the bay area, continuing to tomorrow morning. so it's on approach right now and you can see those showers. bring an umbrella if you are heading outside at all today. so again you won't need it for this morning. the only thing we're talking about are all these cold temperatures. very chilly. fairfield 34 degrees. san francisco in the 40s. it's going to be a cold day this afternoon. temperatures sightly below what we saw yesterday, 54 in oakland, 51 in san rafael, 52 in santa rosa. so you got the idea. just a cold rainy day on tap. it looks like it's going to continue through tomorrow cle
. more than 10,000 employees at the ports of los angeles and long beach are refusing to return to work. a similar situation back in 2002 cost the city an estimated one billion dollars a day and took supply chain more than six months to recover, affecting nearly everybody. there is concern this strike may have even greater impact considering the fragile state of the economy in our country. adam housley is live at the port in long beach. adam, what is the latest there? >> reporter: jenna both sides are actually meeting at the table right now as we speak, the mayor of los angeles, other political forces are here as well trying to push both sides forward to find a settlement if at all possible. 800 workers, clerical workers walked off the job here. because of that 10,000 longshoremen won't cross. we talked to both sides. clerical workers say they're upset for a number of reasons. their main contention once they retire their shock jobs are shipped overseas. they don't want the jobs outsourced. they walked out on the lines here. >> we are making progress but i will tell you we are committed
"" expenditures by port of oakland workers in 2011. that's according to a pair of audits released yesterday that looked at what employees purchased with public dollars. the release of the audit has forced maritime director james kwon to step down. an internal audit of 2011 expenses were already underway in october when news broke about the port's executive director, omar benjamin and kwon spent nearly 45-hundred dollars at a houston strip club. >> two men shot are expected to survive. it happened in the 2300 block of mandarin way after 10:00. there were transported to a local hospital with not life- threatening injuries. the investigation is still ongoing. >> an update on the fiscal cliff the federal reserve is expected and on buying plan that would soften the blow from tax increases and spending cuts that would go into effect in january if congress cannot reach a deal. the white house and republicans are not selling any outward signs of yielding. house speaker john bennett says he is waiting for the president to identify the spending cuts he is willing to make-that senator johntoday, autho
:49. there's been another shakeup at the port of oakland, into questionable spending of money. james caan is now stepping down. the audit says some of the port's credit cardholders skirted spending limits on single transactions. it also says more than $67,000 in extravagant gifts may violent state and federal laws and that some expenses expose the port to tax liabilities. >>> it is something that we take seriously and are not gonna close our eyes, too. we're gonna look at it. make sure that mistakes of the past are not repeated. >> he's the second executive to step down. omar benjamin abruptly retired last month. the port says the two racked up more than $5,000 in charges at two strip luns. the money has since been -- clubs. the money has since been repaid. >>> more than 40,000 people visit it every day. how a redesign will make a popular part of fisherman's wharf even better. >>> our time is now 7:53. four nfl players will find out today if their suspensions for a bounty investigation of the new orleans saints will be upheld, reduced or thrown out. former commissioner paul tagliabue will
the first time t docked in the port of hamburg. it can transport more than 16,000 containers and is bigger than an aircraft carrier. if everything goes according to plan, it will raise anchor and steer for international waters on thursday evening. the european parliament has awarded the prize for freedom of thought in absentia of two human-rights activists currently serving jail sentences. >> they were recognized for their efforts toward political change in iran. the prize is also a tribute to the iranian people. >> two prizes, two chairs, but the prize winners were nowhere in sight. the iranian activists being honored were absent, and not by choice. one of them is in prison. her fellow laureate does not have permission to leave iran. the eu distinguished both for their steadfastness in the face of a harsh regime. it is also a message directed at the powers that be in tehrqan. -- tehran. >> it tells the regime, you are being watched. the victims who we are honoring today are our friends and allies. >> the iranian human rights activist and nobel prize winner thanked the eu in her place, but
are still missing and presumed to have drowned. officials say the overcrowded boat left the port on tuesday. it capsized 15 minutes into the journey. it is the worst loss of life in the gulf of aden in nearly two years. the end of the world is near according to some finders -- some followers of the mayan calendar. others think it refers only to the start of a new era in the mayan calendar. we find out about the frenzy being caused. >> hoping to catch a glimpse of the ancient mayan cities before the so-called end of the world, thousands are flocking to what was once and religion -- religious centers but today is ground zero. star johnson believes the my and predicted a new era is about to begin and end -- the minds predicted a new era is about to begin. -- the mayans predicted a new era is about to begin. >> what ever will happen will happen. >> if they are waiting for the world to end, they may get a surprise. not a proper believes -- the belief of my answer -- the mayans predicted the end of the world comes from some tablets carved 1300 years ago. >> this is a new invention. people are cel
's largest ports are shut down due to a strike. workers in los angeles and long beach walked off the job tuesday claiming their jobs are being outsourced. their employers denied it. the two sides remained at a standoff and that's hurting the bottom line. the executive director at the port of los angeles tells "outfront" some ships are being diverted to mexico. they bring in 40% of the nation's imports and at this time of the year, that means everything you're buying for christmas. >>> tensions are rising in egypt after assembly members passed a draft constitution today. all 234 articles were approved unilaterally by the muslim brotherhood. that's the party of the president, mohamed morsi. frustrated coptic christians and liberals walked out before the votes because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the mauritanian president is warning tension in mali could backfire. locals could align with rebels. one group they are concerned about is al qaeda in the islamic maghreb. th
's supporting and the port city of alexandria where the supporters of president morsi are clashing with opponents and thousands of his supporters taking part in nationwide rallies. and they're organized by the muslim brotherhood has taken charge and steve harrigan is there and streaming live for us from cairo right now. steve? >> it's really two different sets of demonstrations going on. there's the group behind me at tahrir square and those are people against president morsi, but today for the first time we've seen a much larger group, mainly supported by the muslim brotherhood and they're coming in in support of president morsi and that group is a mile and a half from where i'm standing, a lot of men, people carrying-- and strong show of support port those, and he pushed through a draft constitution on friday and the next move is likely a referendum within two week's time and mr. morsi says once those are adopted those took on by himself will be void. whether that will be enough for the morsi protesters behind me? the numbers are down from past days. back to you in new york. >> j
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